
Bitcoin Price Forecast: CLARITY Act Stalls as Crypto Market Tumbles to $75K
Bitcoin holds near $76,000 after the CLARITY Act stalled in the Senate. Key support, resistance levels, and Fed catalyst ahead.
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Bitcoin holds near $76,000 after the CLARITY Act stalled in the Senate. Key support, resistance levels, and Fed catalyst ahead.

Bitcoin slipped. Not a crash — a dip.

ETH holds near $2,400 despite the CLARITY Act failure and Fed rate decision. Whale accumulation and ETF inflows point toward a possible breakout to $3,000.

As the wider cryptocurrency market responded to the failure of the Clarity Act in the United States, XRP experienced one of its biggest short-term corrections in months, falling roughly 12.2% in a matter of hours. The U.S. Senate fell well short of the necessary 60 votes, voting 49-50 against using cloture to move the bill forward.

In a few hours, bitcoin erased the rebound that had taken it up to 79579 dollars. BTC fell below 75000 dollars, down to 74984 dollars, its lowest level since August 21.
Bitcoin stabilized near $75,900 after a 4% US-session drop as a failed crypto bill vote and possible Fed hike weakened sentiment across markets.

Bybit has launched Bybit Odds, a fixed-return crypto price contract product that lets users take views on Bitcoin and Ether without leverage or liquidation risk. According to a Sept.

Gold advocate and longtime Bitcoin critic Peter Schiff has jumped on the dramatic failure of the CLARITY Act to take another swipe at the world's largest cryptocurrency.

Crypto markets are already under pressure ahead of today's FOMC meeting, with Bitcoin trading below $75,000. The Fed is widely expected to raise rates by 25 basis points, a move that is mostly priced in.

XRP drops over 9% after the CLARITY Act procedural vote fails. Key levels, Fed rate scenarios, and price targets for the next move.
Veteran investor Ross Gerber said on Tuesday that the Senate's failure to advance the CLARITY Act means another setback for Bitcoin (CRYPTO: BTC). Will Bitcoin Be Impacted?

Bitcoin, Ethereum and XRP fell sharply after the CLARITY Act failed a key Senate vote, triggering $669.71 million in crypto liquidations.
An aggressive market expectations trap and a strict aversion to forward guidance have backed the Fed chair into a corner, where failing to deliver a hawkish message risks destroying the central bank's inflation-fighting credibility.
Ethereum (ETH) declined nearly 4% toward $2,400 on Wednesday after the CLARITY Act failed to advance in the US Senate, triggering broad selling across the cryptocurrency market. Expectations that the Federal Reserve will raise interest rates at its next meeting have added to the pressure. However, declining exchange reserves, whale accumulation, and consecutive inflows into US spot Ethereum exchange-traded funds indicate that larger investors remain confident in ETH's longer-term outlook. Ethereum exchange reserves drop by 159,000 ETH Ethereum withdrawals have exceeded deposits across cryptocurrency exchanges for five consecutive days, according to CryptoQuant data. The trend reduced exchange reserves by approximately 159,000 ETH during the period.

Garlinghouse expects the SEC and the CFTC to pick up more of the regulatory work while Congress remains stuck on legislation.